Dempster Joseph B. Jr. 4

What Happened
Joseph B. Dempster Jr., a director of Investors Title Co. (ITIC), reported receiving an award of 750 derivative shares on 2026-05-20. The filing shows an acquisition at $0.00 per share (total reported cost $0.00), coded as an "A" (award/grant). This is an award—not a market purchase or sale—and does not by itself indicate a buy/sell decision.

Key Details

• Transaction date: 2026-05-20; Form 4 filed 2026-05-21 (timely filing).
• Reported transaction: Award/grant (Code A) of 750 shares, $0.00 per share (derivative).
• Total reported acquisition cost on form: $0.00 (as filed).
• Shares owned after transaction: not specified in this filing.
• No 10b5-1, tax-withholding, or vesting schedule disclosed in the Form 4.

Context
Derivative awards reported this way commonly reflect RSUs or restricted stock grants that may vest over time; the filing does not detail vesting or settlement mechanics. Because this was an award (not an open-market purchase or sale), it should be interpreted as a compensation/retention event rather than a direct signal of the insider's near-term market view.